Mathematics for IGCSE & O level - Percentages (Section 5 - No. 10)
Pulova has high inflation. In 2023, prices increased by 15% a month for the first six months. How much did it cost if a car cost 78000 dubs in January 2023?
179500
179000
178900
180000
Explanation
A = P(1 + r/100)^n. A = 78000 * (1 + 15/100)^6 = 179531.75
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